Description
BSE suspends trading in commercial paper of Adani Enterprises Ltd. and Kotak Mahindra Investments Limited from August 26, 2025 due to redemption record date.
Summary
BSE has suspended trading in commercial paper instruments of two companies - Adani Enterprises Ltd. and Kotak Mahindra Investments Limited - effective August 26, 2025, due to the record date for redemption of their commercial paper.
Key Points
- Trading suspension applies to specific commercial paper instruments, not equity shares
- Two companies affected: Adani Enterprises Ltd. and Kotak Mahindra Investments Limited
- Suspension effective from August 26, 2025
- Reason: Record date fixed for commercial paper redemption
Regulatory Changes
No new regulatory changes introduced. This is a standard operational procedure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial paper instruments from August 26, 2025
- Compliance with standard record date procedures for debt instruments
Important Dates
- Record Date: August 26, 2025
- No Dealings From: August 26, 2025
- Notice Date: August 25, 2025
Impact Assessment
Minimal market impact as this affects only specific commercial paper instruments of two companies. Standard procedure for debt instrument redemptions with no broader market implications. Trading in equity shares of these companies remains unaffected.
Impact Justification
Routine suspension for commercial paper redemption affecting limited instruments